News

Larnaca and Paphos airports...

Larnaca and Paphos airports have peak passenger traffic

Already, passengers at Paphos International Airport and Larnaca International Airport complain that they have to wait for 40 minutes to pass passport control.

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Greek Coffeehouse Chain Opens...

Greek Coffeehouse Chain Opens Sydney Shop

Mikel, Greece’s leading coffee chain is expanding in Australia as its first shop opens in Sydney’s Five Dock this Saturday, 25 August.

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Greek State Budget: Balance...

Greek State Budget: Balance for the First Half of 2018...

The Greek Ministry of Finance submitted a report for the first six months of 2018. As the document shows, the country now has a budget surplus – revenues exceed expenditure by 2.08 billion euros.

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Greek Island of Tilos Goes...

Greek Island of Tilos Goes Green, Harnesses ‘Smart Energy’

A Greek island is leading the way in environmentally-friendly energy as it prepares to roll out a network of advanced wind and solar power charging a network of advanced batteries.

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Grekodom Will Take Part in the...

Grekodom Will Take Part in the Cairo-CBIPF 2018 Real Estate...

In 2018, Grekodom together with partners MBGcs will become a participant in the Cairo real estate fair CBIPF 2018, which will be held on 21-22 September in Cairo.

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Real estate companies invest...

Real estate companies invest in Greek tourism property...

Real estate investment companies (REICs) are increasing the share of hotels in their Greek property portfolios, with investments reaching 50 million euros so far in 2018.

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Grand Hyatt Hotel Will Be...

Grand Hyatt Hotel Will Be Opened in Athens

Tourism in Greece was not the last reason that the country's economy was able to return to its former channel and is actively developing after the crisis. Thanks to well-thought-out strategies and competent management, many companies were able to fill the demanded niches in the market, particularly in the sphere of tourism. Not surprisingly, due to the growing interest in the country, Greece needed more places, where people who would like to rest could comfortably settle. It is in connection with this that the first Grand Hyatt hotel will open in Athens.

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Greek Rental Property Tax...

Greek Rental Property Tax Platform to Go Online by...

An electronic tax platform for registering short-term rentals like AirBnB will be up and running by the end of August, the governor of the Independent Authority for Public Revenue (AADE) Giorgos Pitsilis said on Friday.

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Greece: "Gold Visa" Will...

Greece: "Gold Visa" Will Become More Accessible for...

Each year, Greece modifies and improves the conditions of the program, attracting more and more participants from all over the world. Soon large investors from countries outside the European Union can count on the possibility of obtaining a visa to Greece on even more favorable terms. This will become the reality thanks to the amendment that the Parliament of Greece has adopted.

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Crisis in Turkey Starts to...

Crisis in Turkey Starts to Affect Greek Economy

The Greek economy has started feeling the impact of the crisis in neighboring Turkey, as the Athens Stock Exchange showed a 3 percent plunge on Monday while Greek bond yields moved in the opposite direction.

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Greek Island Port Expected to...

Greek Island Port Expected to Top 95,000 Cruise Ship...

Chania port in Crete is expecting the number of cruise passengers to top the 95,000 mark for the first eight months of 2018.

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Elliniko Casino Moves Closer...

Elliniko Casino Moves Closer to Becoming Reality with Start...

The consultation process has started for the approval of a casino license for the massive Elliniko casino project, according to The Hellenic Gaming Commission (HGC).

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Ayia Napa Can Decome the...

Ayia Napa Can Decome the Cultural Capital of Europe in 2030

In 2030 the cultural capital of Europe will be named.

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Athens Vies with 12 European...

Athens Vies with 12 European Cities for Innovation Award

Athens is one of 12 European cities vying for the “European Capital of Innovation Award” for 2018, it was announced on Monday.

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Cyprus: Changes in the program...

Cyprus: Changes in the program for obtaining a citizenship

In May 2018, the Government of Cyprus reduced the number of quotas for issuing citizenship under the investment program. Now the annual figure should not exceed 700. This was announced at the 3rd Cyprus Citizenship & Residency conference by the Real Estate Investment Summit in Limassol.

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